Charleys Philly Steaks franchise research

Investment by format

Format-specific estimates only. Do not combine one format's minimum with another format's maximum.

Investment sourceFDD p.17 ↗

Franchise fees and ongoing costs

Franchise fee

$15,000 to $24,500 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review.

Royalty

6% · greater of $300/week or 6% of weekly Gross Sales, payable weekly (by Thursday) based on prior week's sales

Marketing contribution

1% (basis not captured; see original filing)

Technology fee

$6.50/month (Walmart Locations only); plus Digital Menu Board Support Fee $27.50/week (Walmart Locations only)

Other fees

Rent for Walmart Locations: 10% of weekly Gross Sales (min $750/wk or $3,000/mo); Internet Service Access Charge $150/month (Walmart, if applicable ISP); Price Change Fees $200/occurrence beyond 2 free updates/year

Working capital (FDD Item 7)

$24,000-$30,000 (CPS Restaurant) or $24,000-$40,000 (CPSW Restaurant / CPSW Walmart Location) for the first 3 months of operation; covers initial product supplies, utilities, working capital and payroll for 12-25 employees (CPS) or 20-30 employees (CPSW).

Fees sourceFDD p.12 ↗

Working capital is drawn from Item 7. The Investment source below locates the investment section, not an independently verified working-capital scalar.

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

Financial performance: Item 19

Item 19 captured

Yes

Metric / basis

Average and median annual Gross Sales (and range, and % of restaurants meeting/exceeding the average), broken out by restaurant location type (Military Base, Airport, Mall Food Court, Strip Center, Walmart, All Restaurants); no cost, expense, or profit data included

Reporting period

Full calendar year 2025 (January 1 - December 31, 2025)

Sample

713 franchised Restaurants open for the entire 2025 calendar year (out of 766 total franchised Restaurants as of 12/31/2025); excludes 40 Restaurants opened during 2025, 24 permanently closed during 2025, and 13 temporarily closed in 2025

Reported average

$845,372

Reported median

$743,169

Owner income is not captured. Gross sales and EBITDA are not owner pay. Results depend on the disclosed metric, sample and period; consult the full filing.

Item 19 performance sourceFDD p.48 ↗

Unit growth: Item 20

Reporting year

2025

Scope

franchised outlets

Starting outlets

744

Year-end outlets

766

Net change

+22

Derivation

ending minus starting outlets

Openings

45

Terminations

0

Non-renewals

0

Other closures

23

Reacquisitions

0

Transfers

47

Transfers are not closures. Net change is ending minus starting outlets for the stated scope and year, or complete openings less terminations, non-renewals, other closures and reacquisitions. Missing inputs stay unknown.

Unit growth sourceFDD p.49 ↗

SBA loan history

Loan activity

54 approvals

Activity window

FY2021-FY2026 YTD; snapshot 2026-06-30

Median SBA loan

$445,750

Median loan window

FY2023-FY2026 YTD through 2026-06-30

Median loan sample

44 loans

Historical charge-off share

Suppressed: fewer than 10 seasoned loans

Cohort

7(a) FY2010-2019 approvals

Numerator / denominator

0 / 4

Formula

CHGOFF / (PIF + CHGOFF + EXEMPT) × 100

This is a historical loan-level share, not a franchise failure probability or location survival rate. Loan size is not total investment. Other loan statuses are excluded from the seasoned denominator. Activity combines 7(a) and 504 approvals, excluding canceled and not-funded records; this is not a rolling five-year count. FY2024-25 franchise tags are sparse after directory suspension; fewer tagged loans do not establish brand decline. Recent charge-off cohorts are immature.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median loan amounts are financing context, not startup cost. The median window is separate from the seasoned charge-off cohort.

Median SBA loan sourceSBA data · Jun 30, 2026 ↗

Questions before you invest

How much does Charleys Philly Steaks franchise cost?

CPS Restaurant (mall food court, airport, military base, inline): $203,492 to $696,266; CPSW Restaurant (inline/freestanding, non-Walmart): $202,690 to $1,004,447; CPSW Restaurant in Walmart Location: $252,061 to $646,224 These are format-specific estimates, not a guaranteed cash requirement. Franchise fee: $15,000 to $24,500 · Extracted Item 5 scalar range, not a universal minimum or maximum; formats, eligibility, discounts and waivers require original-filing review..

Investment sourceFDD p.17 ↗

Franchise fee sourceFDD · page not captured ↗

How much do Charleys Philly Steaks owners make?

Owner income is not captured. Gross sales and EBITDA are not owner pay. Item 19 metric: Average and median annual Gross Sales (and range, and % of restaurants meeting/exceeding the average), broken out by restaurant location type (Military Base, Airport, Mall Food Court, Strip Center, Walmart, All Restaurants); no cost, expense, or profit data included. Sample: 713 franchised Restaurants open for the entire 2025 calendar year (out of 766 total franchised Restaurants as of 12/31/2025); excludes 40 Restaurants opened during 2025, 24 permanently closed during 2025, and 13 temporarily closed in 2025. Period: Full calendar year 2025 (January 1 - December 31, 2025).

Item 19 performance sourceFDD p.48 ↗

What's the SBA charge-off rate for Charleys Philly Steaks?

Suppressed: fewer than 10 seasoned loans; numerator / denominator: 0 / 4. Historical 7(a) FY2010-2019 approvals; CHGOFF / (PIF + CHGOFF + EXEMPT) × 100, snapshot 2026-06-30. This is not a franchise failure probability. Median SBA loan: $445,750; window: FY2023-FY2026 YTD through 2026-06-30; sample: 44 loans. Median financing is not total investment.

SBA loans sourceSBA data · Jun 30, 2026 ↗

Median SBA loan sourceSBA data · Jun 30, 2026 ↗